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Hyderabad: Even as India lurches towards the end of its long coronavirus lockdown, the countrys leading auto companies moved to resume producition at their plants uncertain of Indias economy.3 crore for the fourth quarter of 2019-20, on account of lower sales volume, higher promotion expenses and depreciation expenses.Total volume sales during 2019-20 were down 16.Tata Motors, the countrys second biggest auto maker said it has commenced operations at its Pantnagar (Uttarakhand) and Sanand (Gujarat) facilities on Wednesday after getting approvals from relevant government authorities.1 crore in the year-ago period.The commercial vehicle major will be ensuring all the necessary health and safety protocols with regard to COVID-19 in its facilities in accordance with the guidelines of the Home Ministry and the relevant local authorities, he added. Maruti Suzuki India (MSI) on Wednesday reported a 27.Net sales during the quarter declined to Rs 18,207.Hinduja Groups auto bearings factorys Manufacturers flagship firm Ashok Leyland on Wednesday said it has resumed manufacturing operations in all its plants in the country.2 per cent from Rs 21,473."With the relaxation of the lockdown, we have resumed operations in all our plants across the country, after obtaining necessary approvals from the relevant authorities," Ashok Leyland MD and CEO Vipin Sondhi said in a statement..8 crore in the January-March period of 2018-19, MSI said in a statement.1 per cent to 15,63,297 units.The company said profitability was hit during the fiscal on account of lower sales volume, higher sales promotion expenses and depreciation expenses. Of this, 1,02,171 units were exported, the company said.The company had posted a net profit of Rs 1,830.7 crore, down 15.The other plants in Lucknow (Uttar Pradesh), Dharwad (Karnataka), Jamshedpur (Jharkhand) and Pune (Maharashtra) are in final stage of readiness and expect to begin production over the next few days, Tata Motors said in a statement.Yesterday, the countrys largest carmaker Maruti Suzuki India (MSI) resumed operations at its Manesar plant in Haryana after about 50 days of closure due to the coronavirus-led lockdown. Therefore, we restart operations with limited, essential staff in each plant, adhering to all mandated safety norms while efficiently meeting operational requirements," Tata Motors CEO and MD Guenter Butschek said.77 percent decline in consolidated net profit to Rs 1,322.The company which rolls out high selling models like Alto, Swift, Dzire, S-Presso, Ertiga and Baleno from the plant, has initiated the work on a single shift basis."Our utmost priority is the safety and wellbeing of our employees, customers and ecosystem partners.However, results of the companies indicate a long road ahead.
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